Here’s the one I want to highlight, because it’s the one that concerns me most, at least until we get a Republican President:

7) Russia will be in trouble and will be trouble.

One of the most enjoyable consequences of the oil price collapse is seeing how it takes the wind out of the sails of a whole collection of evil regimes.

Oil is the dictators’ best friend. It is a steady source of revenue that can be maintained and controlled by the government, often with the help of foreign subcontractors, even when government controls, corruption, and cronyism have crushed the rest of the economy. So a collapse in the price of oil is a disaster for the bad guys.

Nobody is getting hit worse than the regime in Venezuela, which is now on the verge of defaulting on its debt. Since Venezuela has been a big economic sponsor of the regime in Cuba, you can see how a Venezuelan collapse will affect Cuba—and may well be the reason the Castros are seeking a lifeline from President Obama.

But the big geopolitical implications will come from the impact of the oil collapse on Russia. For years, the conventional wisdom has been that Europe is dependent on buying Russian oil and gas; now we’re about to see to what extent Russia is dependent on selling its oil and gas to Europe.

The downside is, as Megan McArdle puts it, “Russia’s Problems Are Everyone’s Problems.” “[T]he world is about to experience a major financial crisis in a country that seems to deal with its internal troubles by slicing off bits of neighboring countries.” Like its leader, Vladimir Putin, Russia is a country with a Napoleon complex: the smaller and weaker it gets, the more belligerent it becomes, as a form of overcompensation.

But shirtless macho posturing only gets you so far when you don’t have the cash to back it up. There is some speculation that a financial crisis could lead to defections in Russia’s “near abroad,” its ring of former Soviet republics and fellow kleptocracies. Then there’s the fact that Putin’s aggression has permanently alienated Ukraine, which is now taking steps toward joining NATO. Meanwhile, the Baltic states are increasing their defense budgets. One hopes that other European nations will follow, at a time when Russia is not in a position to match their spending.

I think Russia is weak enough that Putin would slink away with his tail between his legs, if we had an American leader with the guts to call his bluff. But that’s not going to happen, so in 2015, look for a volatile mix of greater belligerence and diminished capability.

When I hear about the collapse of the Russian currency, it makes me worry that we could a lot of scary scenarios as Putin tries to hold his state together.

“The electoral result, declared so far, indicates a landslide win for the BJP, which should propel the stock markets to new heights,” said Clifton Desilva, director of Altina Securities Pvt Ltd, as he spoke to AsiaNews about India’s election results and the BJP victory.

According to the latest projections, Modi’s party has 277 seats out of 543. The BJP and its coalition partners together now hold 336 seats. However, “Now that the BJP is likely to attain a sweeping mandate it does not have to depend on allies as was the case with the UPA government,” Desilva said. The UPA or United Progressive Alliance was the Indian Congress Party-led coalition that lost the election.

What is more, the BJP “has the reputation of being a business-oriented party,” Desilva noted. Thus, “all the big reforms that the UPA could not implement it is hoped that the BJP will implement them. [. . .] In fact the last five to six years we have seen the stock market sliding to new lows with the GDP [growth] slipping from 9.5 per cent to 4.5 per cent”.

Under a BJP administration, “it is expected that the investment cycle, which was stalled for various reasons, will get a kick start.” As a result, “projects worth over Rs 6 trillion (US$ 100 billion) that were stalled are likely to be revived, which will have a positive impact on reviving the growth of the Indian economy”, especially in terms of infrastructure, capital goods and banking sectors.

As soon as the BJP victory appeared to be a foregone conclusion, foreign governments rushed to congratulate the new leader.

Advocacy officials say policies of the influential Bharatiya Janata Party (BJP) has contributed to an atmosphere of hatred towards Christians. The BJP is the ruling party in three of the five Indian states with laws that forbid forced religious conversions.

The legislation is frequently used to shut down churches or intimidate Christians who speak about their faith, according to rights activists.

The party has proposed stiffer penalties in one of those states, Madhya Pradesh, India’s second-largest.

Narendra Modi, chief minister of Gujarat, another BJP-ruled state with anti-conversion laws on the books, is “the poster child for India’s failure to punish the violent,” said Katrina Lantos Swett, vice chairwoman of the U.S. Commission on International Religious Freedom, and Commissioner Mary Ann Glendon in a joint November opinion column.

While under BJP rule, Karnataka state had the country’s highest rate of attacks against Christians from 2010 through 2012, according to Christian estimates.

[…]National parliamentary elections are scheduled for May, and Narendra Modi is the BJP’s candidate for prime minister.

Hindu militants have expressed anger over the spread of Christianity in India, a predominantly Hindu nation of over 1 billion people.

In a reaction, the World Evangelical Alliance (WEA) made clear it was closely monitoring the situation saying it had urged believers to “Pray for God’s protection over all Christians living in Andhra Pradesh” especially “for pastors and Christian workers…that they would continue to place their trust in the Lord and engage in missions in spite of the present situation.”

It was also important to “Pray that the Lord would grant repentance to those who are instigating violence against Christians,” stressed the WEA, which claims to represent some 600 million evangelical Christians in 128 countries.

I want India to do well, and Modi’s pro-business record in Gujarat cannot be questioned. However, I am worried about his Hindu Nationalism and the price that Christians might pay for evangelizing, which is a normal part of the Christian faith. Hinduism is a non-cognitive religion, so they are not used to arguments and evidence. It’s a community/family/culture thing. So they don’t understand how a person can evangelize except by non-cognitive means, e.g. – bribes. I am worried especially for the Dalits and other low-caste Indians in this environment.

An ideologically split Supreme Court ruled Monday that a law school can legally deny recognition to a Christian student group that won’t let gays join, with one justice saying that the First Amendment does not require a public university to validate or support the group’s “discriminatory practices.”

The court turned away an appeal from the Christian Legal Society, which sued to get funding and recognition from the University of California’s Hastings College of the Law. The CLS requires that voting members sign a statement of faith and regards “unrepentant participation in or advocacy of a sexually immoral lifestyle” as being inconsistent with that faith.

But Hastings, which is in San Francisco, said no recognized campus groups may exclude people due to religious belief or sexual orientation.

The court on a 5-4 judgment upheld the lower court rulings saying the Christian group’s First Amendment rights of association, free speech and free exercise were not violated by the college’s nondiscrimination policy.

[…]Justice Samuel Alito wrote a strong dissent for the court’s conservatives, saying the opinion was “a serious setback for freedom of expression in this country.”

“Our proudest boast of our free speech jurisprudence is that we protect the freedom to express ‘the thought that we hate,'” Alito said, quoting a previous court decision. “Today’s decision rests on a very different principle: no freedom for expression that offends prevailing standards of political correctness in our country’s institutions of higher learning.”

[…]Justice John Paul Stevens was even harsher, saying while the Constitution “may protect CLS’s discriminatory practices off campus, it does not require a public university to validate or support them.”

Stevens, who plans to retire this summer, added that “other groups may exclude or mistreat Jews, blacks and women — or those who do not share their contempt for Jews, blacks and women. A free society must tolerate such groups. It need not subsidize them, give them its official imprimatur, or grant them equal access to law school facilities.”

It should be noted that Sam Alito is a George W. Bush appointee, as was John Roberts. Stevens is widely regarded as the second most liberal Justice on the SCOTUS, with Ruth Bader-Ginsburg who wrote for the majority being the most liberal.

How did the Supreme Court become so liberal? Well, because a majority Christian country voted in Presidents who appointed liberal judges. I have had Christians whom I respect and admire, who love free speech, tell me that they valued things like universal health care, social welfare programs for single mothers and public education. If you want a secular government to take over things in private industry, so that the government has a monopoly funded by mandatory tax collection from Christians, then you get a secular Supreme Court. A secular Supreme Court has no respect for your religious liberty. And the Democrats are the party of secularism. A vote for Democrats is a vote against religious liberty. A vote against the public practice of Christianity.

If you young Christians are looking for something to do, why not get your law degrees and join the ADF or the HSLDA? And I am especially talking about you homeschoolers. Don’t homeschool yourselves out of a position of influence. If you want to keep your right to be a Christian in public, you’re going to have to fight for those rights. Because standing apart from the academy is equivalent to giving up your rights. You better have a plan to go to college, and I do mean a good college, and grad school after that. No exceptions.

By the way, you can learn more about Barack Obama’s appointee to the Supreme Court. She is going to be FAR WORSE than John Paul Stevens. And again, lots of Christians voted for Obama and thus will cause a loss of religious liberty. Obama has already passed laws that restricted Christians from being as free as they were under Bush, not the least of which is the ability not to be complicit in funding the Big Abortion industry.

In the past week in Karnataka, the southern Indian state that is home to India’s high-technology capital of Bangalore, at least 17 attacks have been reported on churches and prayer halls, according to local Christian groups, independent monitors and police….Christians, who make up roughly 2% of India’s 1.1 billion population, have periodically been the targets of violence by Hindu-extremist groups who oppose Christian missionaries and the conversion of Hindus. Christianity has proven popular among those on the lowest rungs of Hinduism’s caste hierarchy, in part because Christian groups often offer education and health care.

Christians and churches also have been targeted in Kerala in southern India, Madhya Pradesh in central India and Uttar Pradesh in the north.

The incidents follow attacks on Christians in the eastern state of Orissa starting last month that have left about 25 dead. The Orissa attacks were sparked after a Hindu-fundamentalist leader, Swami Laxmanananda Saraswati, was found dead in a temple. Orissa police have said they suspect Maoist rebels for the deaths, but Hindu-extremist groups blame Christian missionaries.

The violence has taken on a political tinge as India prepares for national elections that must be held before May.

The article talks about the two main parties in the May elections:

The opposition Hindu nationalist Bharatiya Janata Party is viewed as ideologically aligned with the extremist Hindu groups, such as the Bajrang Dal, that minority groups and some other parties blame for stoking the violence.

The BJP and the Congress Party are India’s two main national parties. The current government is a Congress-led coalition.

…”The BJP has always fallen back on a strategy that polarizes people on communal lines to get what they imagine will be electoral gains,” said Jayanti Natarajan, a Congress spokeswoman.

Check out these comments by the BJP, it’s scary:

Kalyan Singh, BJP national vice president, said the party doesn’t believe in sectarian agitation. “We condemn the violence in Orissa, but the main and deep root is the mass conversions by the Christian missionaries,” which the BJP opposes, he said.

Bajrang Dal is a militant youth wing of the Vishva Hindu Parishad, a Hindu-nationalist organization. Prakash Sharma, Bajrang Dal’s national head, said in an interview that the death of Mr. Saraswati in Orissa was “under the inspiration of the Christian missionaries and converts.” He said that as a result, “people all over India are responding spontaneously against them.” Asked if he could cite evidence of Christian culpability for the death, he failed to do so.

He denied any involvement of Bajrang Dal in the riots against Christians in Orissa and Karnataka.

State television says Congress’s alliance has won or is ahead in 263 seats, compared with the BJP’s (154), the Third Front (60) and others (66).

…Prakash Karat, the leader of the Communist Party of India (Marxist), the key mover in the Third Front, accepted Congress had won.

“The CPM and the Left parties have suffered a major setback,” he said.

It’s a Parliamentary system with 543 seats, you need a governing coalition with the majority of seats to govern.

Dr. Roy says:

…There will no need for commies to be part of the governing coalition. There was 60% turnout. Unfortunately 60 people died in attacks by maoist terorrists. Congress and its allies have won in Tamil Nadu. Probably not very good news for the ltte. The Prime minister will be ManMohan Singh for now, but it is likely a Gandhi will be PM in the not too distant future.